Michael And Noemi Neidorff Family Foundation
Quick Facts
- EIN
- 921373749
- Location
- BIRMINGHAM, AL
- Category
- Philanthropy & Grantmaking
- Total Assets
- $188.5M
- Annual Income
- $42.5M
- IRS Ruling Year
- 2023
- Organization Type
- Trust
- Principal Officer
- % Regions Bank
- Tax Deductibility
- Contributions are deductible
About This Foundation
Michael And Noemi Neidorff Family Foundation is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2023. The principal officer is % Regions Bank. It holds total assets of $188.5M. Annual income is reported at $42.5M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$836K
Total Assets
$187M
Fair Market Value
$201.7M
Net Worth
$187M
Grants Paid
$1K
Contributions
$188.6M
Net Investment Income
$4.6M
Distribution Amount
$8.8M
Asset Growth
Investment Portfolio (2023)
Total: $167.8M
Expense Breakdown (2023)
Revenue Sources (2023)
- Contributions
- $188.6M
- Dividends
- $5.3M
- Other Income
- $110K
- Capital Gains (Net)
- $-9,485,938
Financial Details (2023)
- Total Revenue
- $184.5M
- Total Expenses
- $836K
- Exempt Purpose Expenses
- $3K
- Required Distribution
- $8.8M
- Undistributed Income
- $8.8M
- Total Liabilities
- $1
- Excise Tax
- $64K
Foundation Classification (2023)
Grantmaking Insights
Total Grants
2
Total Giving
$1K
Average Grant
$500.5
Median Grant
$500.5
Grant Range
Geographic Distribution of Grants
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kol RinahGENERAL FUND | Clayton, MO | $1K | 2023 |
| From K-1 - Gp 2023-2024 PrivateGENERAL FUND | Chicago, IL | $1 | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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